Companies

Siemens Gamesa wins orders to install 326 MW by March 2018

| Updated on: Jan 22, 2018

Siemens Gamesa Renewable Energy has announced it has won multiple wind power orders, adding to 326 MW from several leading Independent Power Producers and various industrial customers in the country. The projects, 26 in all, with installed capacity ranging between 2 MW and 60 MW, are set for commissioning by March 2018 across several sites in India.

According to the agreements, Siemens Gamesa will handle the entire infrastructure needed to operate the projects together with the supply, erection and commissioning of 135 units of G114-2.0 MW wind turbines and 28 units of its G97-2.0 MW. “These orders show a positive sign of development in the market and it certainly boosts our confidence significantly as we gear up towards the next growth phase for Siemens Gamesa in India. With the support of our loyal customers and an efficient team we are looking forward to a great 2018,” Ramesh Kymal, CEO of Siemens Gamesa's onshore business in India, said in a statement.

The Government has recently announced the auction of 6 GW of new capacity in the next four-five months. A clear auction calendar is a welcome move and is quite encouraging for the industry at this point of time and is expected to accelerate capacity additions. Siemens Gamesa expects the Indian market to stabilise in 2018 and fully recover in 2019. Present in India since 2009, Siemens Gamesa has installed over 5 GW. The company has been the leading OEM in India for the last three years.

Published on January 22, 2018

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